Capital Now provides $100K Credit Facility to a Truck & Car Wash in Red Deer, Alberta

Our client is a Truck & Car Wash in Red Deer, Alberta serving both residential & commercial vehicles. Many of their customers work in oilfield services, and even their payment terms for vehicle washing are lengthy. With oilfield customers taking so much time and labor relative to residential clients, and with them comprising most of their portfolio, this client was always playing catch up on their cashflow

Lucky for them, Capital Now is used to dealing with oil companies, plus we had already worked with their customers before. This client now can now continue doing what they do best without their cashflow getting washed away